Merkel's Party Suffers Defeat in Hamburg , is the Euro at Risk?

Chancellor Angela Merkel’s party lost control of Hamburg, Germany’s richest state, in the first of seven state votes this year that threaten to limit her scope to respond to Europe’s debt crisis. I'm sure the ECB will be busy buying all kinds of Portuguese debt during tomorrow's trading secession. Now that the German people have voted for no more bailouts, how long will it be before the Irish people, voting in a national election on Friday February 25, stop paying for their bailout, which isn't a bailout for the country but rather a backdoor bailout of their banks and German, British, and Belgian banks. Read more about the deep political divide within the euro zone here.